AI server demand is pushing MLCC and barium titanate makers into the spotlight

创业邦 · wechat · 2026-07-25

The article argues that the AI boom is spilling over into MLCC demand, especially high-capacitance parts used in AI servers, where usage can exceed 20,000 units per server versus roughly 2,000–3,000 in traditional servers.
It explains why ceramic powder and barium titanate are now getting investor attention: high-end MLCC supply is concentrated, high-spec ceramics are scarce, and the article says Kuo Ceramics is one of the few firms able to mass-produce nano-scale hydrothermal barium titanate in China.
The piece also warns that the market may be overpricing the story: the company’s MLCC powder business is only part of a larger materials portfolio, many products are still in R&D or ramp-up, and the stock already fell sharply after the rally.
Overall, the article frames this as a lesson that AI demand can re-rate upstream manufacturing, but converting that excitement into earnings still takes years.

More from Venture